The Amazon Kindle is one of the hottest electronic ebook readers on the market at the moment. If you love reading and you like the idea of switching to an ebook reader, you may be considering purchasing a Kindle. There's only one problem: the price point is still too high for your budget. So, where can you find a Kindle for cheap?

According to Amazon, Kindle is the #1 bestselling item for the second year in a row. It's also the most-wished-for, most-gifted, and most 5-star reviewed Amazon product. It's no wonder you want one! This is a fantastic product that any avid reader or even casual reader simply has to own.

You should not have to wait for another year for the price of the Kindle to drop. You actually can find a cheap Kindle now, if you just know where to look. Here are some places to start.

Use a penny auction website like

Penny auction websites allow you to bid on a Kindle DX or Kindle 3 or any other product. These types of sites can save you hundreds of dollars! You can buy a Kindle for dirt cheap, and also get other bargains and great deals. Auction winners typically buy Kindles for 75% off the normal retail price. This is a fantastic way to find a Kindle for cheap and start using your new ebook reader as soon as possible. Imagine if you could buy a Kindle DX for only $50!

Consider earlier Kindle models

If your needs are simple, you may not need the latest and greatest. There are actually several models of Kindle available. They have different functionality and various prices. For example, there's the Kindle 3G Wireless Reading Device with Free 3G and Wi-Fi. It uses the New E-Ink Pearl technology.

Now, as awesome as this sounds, you may be satisfied with an earlier model, like the Kindle 1 or Kindle 2. Why deprive yourself of the chance to enjoy using an ebook reader just because you can't afford a specific Kindle? Compare prices and options and choose the Kindle that fits your needs and your budget.

Also, keep in mind that the price of the Kindle is going down all the time. You can now buy a cheap Kindle 3 for nearly 50% of the price of the Kindle 2 when it first launched.

Find a brand-new Kindle at a fraction of the price

Lots of people are getting Kindles as Christmas gifts or birthday gifts this year who already have an ebook reader. While some of those people will simply return their unwanted Kindles to Amazon, others will try and sell them. Check eBay, Amazon stores, Craigslist and other online auction sites for Kindles that are new and perfectly good but are being sold off. If you pay close attention you might just get lucky and find that brand-new Kindle for cheap! You can also find good condition second hand Kindles online, so check around!

Cash in those unwanted Christmas gifts so you can afford a Kindle

Okay, this is a bit sneaky, but you know how every year people give you unwanted xmas gifts? Instead of just shoving them in the closet or regifting them, try to sell your unwanted xmas gifts on Amazon or eBay. Then put the money you earn online towards your brand-new Kindle 3! This way you will have to pay less out of your own pocket. Essentially, it's the same as buying a Kindle for cheap!

Sign up for an Amazon credit card

If the price tag of the Kindle is just too much for you to spend all at once, why not try breaking it into manageable portions? What if you could pay it off little by little? You might not even notice the money, and you'd be able to enjoy your brand-new Kindle DX even sooner. And remember, the Kindle comes with a warranty and return policy, so you can always return it to Amazon if you experience buyer's regret or if you should find that the Kindle doesn't suit your needs after all.

You now have some options to explore when looking to buy your Kindle for cheap. Good luck!